How do hackers collect ransoms through cryptocurrency and avoid detection by authorities?
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How do hackers collect ransoms through cryptocurrency and avoid detection by authorities?
Hackers often collect ransoms through cryptocurrency by using methods such as creating an anonymous wallet, using tumblers or mixers to obscure the transaction trail, leveraging privacy-focused cryptocurrencies, and operating on the dark web to remain relatively hidden from authorities. They may also demand payment in specific cryptocurrencies that are more difficult to trace. By utilizing these tactics, hackers aim to avoid detection and make it harder for authorities to track the flow of funds.